Stop Trying To Demarket Dangote Refinery, Northern Elders Warn - The Source

ADVERTISEMENT
  • Landing Page
  • Shop
  • Contact
  • Buy JNews
  • Login
The Source
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament
No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament
No Result
View All Result
The Source
No Result
View All Result
Home News

Stop Trying To Demarket Dangote Refinery, Northern Elders Warn

The Source by The Source
July 27, 2024
in News
0
Buhari, Tinubu, Five African Presidents Set To Commission Dangote Refinery
0
SHARES
33
VIEWS
Share on Facebookshare on whatsappShare on Twitter

The Chairman of the Northern Elders Forum, Prof Ango Abdullahi, has warned against frustrating and demarketing Dangote Refinery, saying it is an ill wind that would do the country no good.

The former vice-chancellor of the Ahmadu Bello University, Zaria, raised the concerns in a statement issued in Abuja on Saturday.

His concerns come in the wake of the Federal Government’s intervention in the lingering face-off between the Nigerian Midstream and Downstream Petroleum Authority and the management of Dangote Refinery.

The media was awash recently with news on the difficulties being experienced by the refinery, arguably one of Africa’s largest oil plants, in securing local crude oil in the country.

But Abdullahi expressed worry that for 30 years, the vested interests that run the NNPC cartel ensured that the nation’s four refineries were rendered comatose and incapable of refining the needed petroleum to meet domestic consumption.

He noted that instead of Nigerians appreciating the popular business mogul, Aliko Dangote, for his efforts to save Nigeria the burden of continued importation of refined petroleum products, some vested interests are bent on frustrating its operations.

According to him, Nigeria has become the object of global ridicule being the only member nation of the Organisation of the Petroleum Exporting Countries without refining capacity and heavily dependent on mass importation of oil and other derivatives.

The statement read, “The Northern Elders Forum is watching with sustained interest the unfolding drama being orchestrated by some powerful vested interests to frustrate the good example set by the nation’s leading investor and foremost African entrepreneur, Alhaji Aliko Dangote, who has defied all formidable odds to build a privately-owned ultramodern petroleum refinery in Nigeria.

“This remarkable business feat, which ordinarily should instantly earn him national encomiums and accolades, has paradoxically ignited the malicious fury of enemies of our dear country, who are strategically located in the oil and gas sector of the economy. They have been wreaking havoc over the years through many subterfuges, resulting in the crippling of our nation’s refining capacity and the ruthless imposition of a ruinous regime of massive refined oil and other sundry products importation to the detriment of our national growth.

“In this wise, the lamentable and highly troubling commentary against the Dangote refinery that came out from the NNPCL and its other sister regulatory bodies smacks of a glaring attempt to de-market this epochal national achievement and premeditatedly derail the economy from the path of healthy growth and stability.”

Continuing, the Arewa leader warned that the masses who mostly bear the brunt of escalating fuel pump prices, frequent fuel shortages and joblessness would no longer fold their arms and allow a few powerful individuals to continue taking the economy of the nation hostage.

“Regrettably, it is only in Nigeria that politics is played with narrow interests as the motive force and the sole determinant, more often than not, allowed to trample the economic interest of the nation.

“The NEF, while welcoming and taking judicious note of the timely action taken by the Honourable Minister of State for Petroleum Resources, Mr Heineken Lokpobri, to arrest this worrisome situation, wishes to conclude by restating our determination to stand resolutely with Dangote in defence of this gigantic business stride, which signifies the dawn of prosperity for our people,” the statement added.

Punch

Be the first to read it our next BREAKING NEWS, POLITICS, METRO. Click here to join our WhatsApp group

Tags: DangoteNorthern Elders
Previous Post

Open Letter to Gov Ademola Adeleke: A Weak Man Cannot govern Osun

Next Post

Fire Guts Lagos Warehouse, Destroys Goods

The Source

The Source

Related Posts

FG Appoints Osun As Coordinating Point For S’West States’ Food Sufficiency Programme
News

Group Lauds Adeleke’s Visit to Tinubu, Faults APC Critics

by The Source
June 9, 2025
Aregbesola’s Legacy In Osun Can Never Be Rubbished – Ooni
News

Osun 2026: APC Aspirants SRJ, Oyebamiji Woo Aregbesola Amidst Tinubu Row

by The Source
June 8, 2025
Agboluaje Kajola Foundation Empowers Ondo Communities with N43 million Grants, Solar Lights
News

Agboluaje Kajola Foundation Empowers Ondo Communities with N43 million Grants, Solar Lights

by The Source
June 8, 2025
National Prayers Cancelled In Kano Over Security Concerns
News

EAPEAN Felicitates with Nigerians on Eid al-Adha

by The Source
June 7, 2025
Tinubu advocates collaboration to ease global Challenges
News

Osun Leaders of Thought Vow to Resist Any Attempt to Sabotage Tinubu’s Administration

by The Source
June 7, 2025
Next Post
Fire Guts Lagos Warehouse, Destroys Goods

Fire Guts Lagos Warehouse, Destroys Goods

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Africa News
  • Business
  • Celebrities
  • Crime
  • Economics
  • Education
  • Entertainment
  • Health
  • HumanAngle
  • News
  • Opinions
  • Parliament
  • Politics
  • Religion
  • Sports
  • Uncategorized
  • World
  • World News

Browse by Tags

Abuja Adeleke APC Aregbesola Atiku Bandits Buhari CBN Chelsea Court Davido EFCC EndSARS FG FIRS Governor Governor Adeleke IGP INEC Kaduna Lagos Muslims Naira Nigeria Nigerian Nigerians NUJ Ondo Ooni Osinbajo Osogbo Osun Osun 2022 Osun govt Osun Poly Osun State Oyetola PDP Police SDP Senate Students Tinubu Tunde Odesola US

Categories

  • Africa News
  • Business
  • Celebrities
  • Crime
  • Economics
  • Education
  • Entertainment
  • Health
  • HumanAngle
  • News
  • Opinions
  • Parliament
  • Politics
  • Religion
  • Sports
  • Uncategorized
  • World
  • World News

Browse by Tag

Abuja Adeleke APC Aregbesola Atiku Bandits Buhari CBN Chelsea Court Davido EFCC EndSARS FG FIRS Governor Governor Adeleke IGP INEC Kaduna Lagos Muslims Naira Nigeria Nigerian Nigerians NUJ Ondo Ooni Osinbajo Osogbo Osun Osun 2022 Osun govt Osun Poly Osun State Oyetola PDP Police SDP Senate Students Tinubu Tunde Odesola US

Recent Posts

  • Group Lauds Adeleke’s Visit to Tinubu, Faults APC Critics
  • Osun 2026: APC Aspirants SRJ, Oyebamiji Woo Aregbesola Amidst Tinubu Row
  • Agboluaje Kajola Foundation Empowers Ondo Communities with N43 million Grants, Solar Lights

© 2022 The Source Nigeria.

No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament

© 2022 The Source Nigeria.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In